Zoned Multi-Family Development
For Sale
$1,150,000
449 Lawrence Gray Road, Charlotte, NC 28262
Over 850 feet of road frontage with city water and sewer available for a multi-family development near I-485.
Property SizeContact for details
Lot Size3.00 Acres
Days on Market422
Property Features for 449 Lawrence Gray Road
General Information
Standard status
Active
Total Parking Spaces
64
Lot size
3.00 Acres
Property subtype
Lot-Land
Zoning
N2-B
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
48
Amenities
City
2.94
Paved
Publicly Maintained Road
Building Details
Stories
3
Listing Agency:
Coldwell Banker Realty
(864) 518-2332
Listed By:
Eileen Cordi
(864) 518-2332
Source:
Cdanjoyner
Added: Jun 27, 2025
Changed: Aug 8
Last Checked: Jul 7 at 12:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This is a development-ready land parcel of approximately 3 acres, already zoned for Multi-Family (N2-B). The available materials include physical and topographical surveys, along with an attached conceptual plan showing two 3-story buildings designed to accommodate up to 48 units. The conceptual layout also proposes 64 parking spaces, with the note that only 48 spaces would be required under the concept. An optional amenity area is shown across a drainage ditch, supporting an integrated on-site plan.
The property is positioned for visibility to I-485, with easy access to the interstate via the on-ramp at the Mallard Creek Rd intersection at the I-485 interchange. The site also features over 850 feet of road frontage, providing multiple opportunities for site access and frontage-oriented planning. City water and sewer, as well as other utilities, are available at the street.
For developers and builders, this parcel offers a straightforward starting point with existing multi-family zoning and documented site conditions through the provided surveys. The conceptual plan and utilities at the street help reduce early due diligence friction when evaluating feasibility and site layout for a multi-family project.
The property is positioned for visibility to I-485, with easy access to the interstate via the on-ramp at the Mallard Creek Rd intersection at the I-485 interchange. The site also features over 850 feet of road frontage, providing multiple opportunities for site access and frontage-oriented planning. City water and sewer, as well as other utilities, are available at the street.
For developers and builders, this parcel offers a straightforward starting point with existing multi-family zoning and documented site conditions through the provided surveys. The conceptual plan and utilities at the street help reduce early due diligence friction when evaluating feasibility and site layout for a multi-family project.
Key Highlights
- 2.94‑acre parcel with over 850' of road frontage on a publicly maintained paved road
- City water and sewer available at the street for multi‑family development
- Already zoned for multi‑family (N2‑B)
Property Analytics
Property Profile
Current Use
Lease Details
48
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Explore this area
Business Placement
Demographics for 28262, NC
46,048
Population
23,449
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
93%
High-School Grad
21.0 sq mi
ZIP Area
2,193
Density / Sq Mi
$66,757
Median Household Income
$47,201
Median Earnings
$1,481
Median Rent
$297,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Over 850 feet of road frontage with city water and sewer available for a multi-family development near I-485.
Where is this residential land & home lot located?
The property is located at 449 Lawrence Gray Road Charlotte, NC.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 2.94‑acre parcel with over 850' of road frontage on a publicly maintained paved road; City water and sewer available at the street for multi‑family development; Already zoned for multi‑family (N2‑B)
